Member Info for joey_b

I haven't seen any evidence the company has changed its tune since it started trading again. A one day increase is little to get excited about as far as I'm concerned. It may have nearly doubled from pitiful lows over a short time frame but its still got a mountain to climb. No news or engagement is standard practise here.

The death spiral financing makes this a company to avoid. Appalling, desperate fundraising strategy that guarantees the sp will continue to fall to fractions of a penny. Management can't be trusted to add any value for shareholders, only mug you off.

I don't have any positive expectations from the company to be honest. There is much they could have done or could be doing to restore lost confidence. I expect the news cycle will be as poor as before and the next update in 6 months time will probably show slightly less loss as they have already forecast. CNEL showed so much potential and promise but that seems to have evaporated.

And we've heard nothing about re-listing. Not good and not sure where we'll be going from here. Maybe we've lost our money here?!

Okay thanks. I'll re-read and give it a go. Just difficult to understand what mode get out of it and how it's all tracked. Cheers :)

Hello, can anybody help me find out how I pay through Mode with ebay? I am allowing pop ups and cookies, through the website as told. Am I expecting a Mode payment option right at the end as I don't see one. Thanks in advance.

Hopefully. But we've saying that for a long time then we get a mini bounce before new lows a week later. All the way down since it was in the 50s. So sp performance has massively disappointed in the last year.

I don't know. Let's hope they are clever about the way they raise money instead of just massively diluting with a raise at 10p. If they are that confident, they should be able to do something smart. We need this back to ipo levels really.

And the bit about results of independent audit stating unable to obtain evidence to convince themselves nothing dodgy had gone on with payment to Advisors...looks as if they were guilty of something.

22nd May I think they said

To be falling back down here, was hoping we'd be attacking 20p by now.

Seems little point in buying into and supporting a company like this in the early days after ipo...best wait a year or two when the price is 10% of its high, at close to bottom...especially if the strategy does not look after the sp. Long term holders generally suffer. I keep hearing we're close but don't really know.

*well

Perhaps that 'pump' and a steady release of actual news should have happened when the sp was in the 20's. We'll done to the person who said if won't be long before it's single digits. You were right. I'm rubbish at investing.

Yes its a disaster. Absolutely no news or developments to stop the continued slide. I think everyone's given up.

Given up trying to second guess what's going on at CNEL tbh. It's a slow painful process that drags on.

Can we all stop trying to call the bottom on this.

Those 2 x 300 000 black trades are clearly buys indicating that buys vastly outnumber sells once again. SP manipulation being kept/ forced down.

Just as we thought we had a stable base of 13.5 forming, today is an all time low.

CNEL bod won't be rushing anything. Coming up nine months suspended after only about 9 months trading. That's after a two year process getting on the exchange. Maybe they'll have something to release before the one year suspension anniversary.